On December 19th, Huaxia Bank and Sino-Dutch Life Insurance successfully held a strategic cooperation signing ceremony in Beijing. The formal signing of the strategic cooperation agreement marks a new stage of deep integration and joint pursuit of high-quality development in bancassurance cooperation. Yang Shujian, Secretary of the Party Committee and Chairman of Huaxia Bank, Li Jianying, Secretary of the Party Committee of Sino-Dutch Life Insurance, and other leaders from both sides, as well as heads of relevant departments and branches, attended the signing ceremony.
Currently, my country's economy is moving towards high-quality development, and residents' wealth management needs are becoming increasingly comprehensive and diversified, placing higher demands on financial protection and planning services covering the entire life cycle. Deep collaboration between banks and insurance institutions has become a key path to enhance comprehensive financial service capabilities, respond to national strategies, and serve the real economy and people's well-being. This strategic partnership between Huaxia Bank and Sino-Dutch Life Insurance is a proactive move in line with this trend, aiming to create greater value for customers through complementary advantages and ecosystem co-construction.
Reporters learned that Huaxia Bank has always taken serving the development of the capital and integrating into the overall national strategy as its mission, actively practicing the political and people-oriented nature of financial work, and demonstrating its responsibility in serving the real economy and improving people's well-being. As of the end of September, Huaxia Bank's total assets reached 4.59 trillion yuan. It has continued to deepen its strategic layout around the "five major areas" of finance, making steady progress in key areas such as pension finance, and has formed a comprehensive financial service system covering the whole country.
Sino-Dutch Life Insurance was among the first Sino-foreign joint venture life insurance companies established after my country's accession to the WTO. It has consistently adhered to a customer-centric approach and continuously promoted product and service innovation. The company's comprehensive solvency adequacy ratio reached 256.9%, its comprehensive risk rating has remained at AA or above for nine consecutive quarters, and its average comprehensive investment return rate over the past three years reached 7.42%, with core indicators consistently ranking among the top in the industry. It is understood that Sino-Dutch Life Insurance has been deeply involved in long-term savings, risk protection, health management, and elderly care services, gradually forming a business layout covering the Bohai Rim Economic Circle, the Central Plains Economic Zone, and the Yangtze River Delta Economic Circle. It has established a good reputation in the industry and demonstrated strong comprehensive strength and potential for sustainable development.
According to reports, this signing is an important step for Huaxia Bank and Sino-Dutch Life Insurance to deepen their cooperation and promote the coordinated development of banking and insurance. The two parties will focus on three key areas to jointly create a new service paradigm of deep integration between banking and insurance.
First, we will jointly build a comprehensive service ecosystem. Leveraging Huaxia Bank's customer base and channels, and combining Sino-Dutch Life's expertise in areas such as personal protection and wealth transfer, we will provide customers with one-stop comprehensive financial service solutions covering the entire life cycle.
Second, we will jointly promote innovation in pension finance. We will actively respond to the national call for developing pension finance, jointly develop competitive pension insurance products and services, and contribute to the construction of a multi-tiered national pension security system, serving the people's vision of "ensuring the elderly are cared for and receiving quality care."
Third, we will share technology and data capabilities. Under the premise of compliance, we will explore ways to improve the accuracy, convenience, and risk control of customer service through system integration and data intelligence applications, and create a new model of intelligent and scenario-based collaborative services.
At the signing ceremony, 10 branches of Huaxia Bank and 10 branches of Sino-Dutch Life Insurance simultaneously signed cooperation agreements, marking the comprehensive implementation of the cooperation from top-level strategic design to grassroots level, ensuring that the synergistic effect reaches the "last mile" of customer service.
Both parties stated that, looking to the future, Huaxia Bank and Sino-Dutch Life Insurance will take this strategic signing as a new starting point, adhere to the original aspiration of "finance for the people", deepen the path of "bank-insurance synergy", and make new contributions to the coordinated development of the capital's financial industry and related sectors.
